SECI has revamped and reissued the manufacturing-linked solar tender, which it had initially floated in January 2019. It has now tendered 6 GW of ISTS-connected solar PV projects linked with a 2 GW of solar […]
The promoters of Adani Green Energy Limited will sell a 5.98 per cent stake in the company through an offer for sale. The stake sales are being planned to bring down the promoter shareholding in […]
The Adani Group is likely to acquire about 310 MW capacity of solar energy assets from Essel Infra Projects Limited. The value of the transaction is expected to be about Rs 20 billion. The Essel […]
Kolkata-based Srei Equipment Finance Limited (SEFL) has announced that it has received a credit approval of $30 million from the Dutch development bank FMO. According to SEFL, the loan will be utilised to refinance the […]
Cleanmax Solar has decided to set up a 150 MW solar farm project in Haryana. The solar farm will be developed in Sirsa district on a stretch of 600 acres of land at an investment […]
ReNew Power has announced raising $300 million through a rights issue. According to the press statement, Goldman Sachs, the Abu Dhabi Investment Authority and the Canada Pension Plan Investment Board have subscribed to the issue […]
Encourage Capital has announced the first closing of a new private equity fund called Encourage Solar Finance L.P., at $40 million. The specialised financial institution in India will receive investments from the new fund to […]
SEBI has given its approval to Sterling and Wilson Solar Limited to float its proposed initial public offering, which is estimated to raise about Rs 45 billion. The shares of Sterling and Wilson Solar Limited […]
SunEdison Infrastructure Limited plans to acquire Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited, according to a recent corporate filing by the company at the Bombay Stock Exchange. Megamic Electronics Private Limited is […]
NTPC Limited and Power Grid Corporation of India Limited (Powergrid) have signed an MoU for setting up National Electricity Distribution Company Limited (NCDCL), a pan-Indian power distribution company, in an equal JV for undertaking electricity […]
Sembcorp will infuse about Rs 5,169 million in its arm Sembcorp Energy India Limited (SEIL) against the issuance of 275 million new equity shares to its wholly owned subsidiary, Sembcorp Utilities. The equity injection will […]
China’s National Energy Administration has approved 22.78 GW of the feed-in tariff (FiT)-based solar projects. These solar photovoltaic (PV) projects are expected to be grid connected by December 2019. They have been approved under China’s […]
Switzerland-based ABB and Italian company FIMER have signed an agreement under which FIMER will acquire ABB’s solar inverter business. The company announced in a media statement that the transaction is expected to enhance the prospects […]
The Public Utilities Board (PUB) of Singapore is looking for eligible bidders for a 50 MW floating solar PV project to be set up in the Tengeh Reservoir. The last date for bid submission is […]
Bangladesh’s Power Development Board has issued a notice for a tender to select companies that will fund and develop the project for the implementation of two 50 MW grid-tied solar projects each. The projects will […]
The UAE Ministry of Education plans to introduce training initiatives for low-carbon forms of energy in its national education system. An MoU has been signed between Hussain Ibrahim Al Hammadi, the UAE minister of education, […]
ACWA Power, a developer, owner and operator of power generation and water desalination projects has signed an agreement with the Silk Road Fund for a 49 per cent stake in the company. With this agreement, […]
Noor Abu Dhabi, the world’s largest single-site solar power project located at Sweihan, with an installed capacity of 1,177 MW, has been commissioned. The project is a joint venture (JV) between the Abu Dhabi government […]
BlackRock Real Assets, a global investment management company, has announced its plans to expand its renewable power portfolio in Asia. The company is set to buy a 115 MW solar portfolio comprising 14 projects in […]
Keppel Land China, a Singapore-based company, has secured its first green loan of $125 million from the HSBC Group China for the development of Seasons City (Phase 1) in the Sino-Singapore Tianjin Eco-city. The five-year […]
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